Managed Money net +104,206 contracts in GOLD, positions as of Tue 20 Oct 2026.
Data as of Positions as of Tue 20 Oct 2026; published Fri 23 Oct 2026
Positions as of Tue 20 Oct 2026 - published Fri 23 Oct 2026 (CFTC, Friday release)
Report family
Disaggregated
Basis
Futures only
Market
GOLD - COMMODITY EXCHANGE INC.
CFTC contract code
088691
Contract unit
Contracts Of 100 Troy Ounces
Open interest, contracts
402,279
Change in open interest, contracts
+5,934
Latest report, futures only
Category
Long
Short
Spreading
Net
Long % of OI
Short % of OI
Net % of OI
Producer/Merchant/Processor/User
19,715
34,498
-
-14,783
4.9
8.6
-3.7
Swap Dealers
17,737
238,536
22,079
-220,799
4.4
59.3
-54.9
Managed Money
120,970
16,764
38,634
+104,206
30.1
4.2
25.9
Other Reportables
116,172
20,513
15,565
+95,659
28.9
5.1
23.8
Total reportable
350,872
386,589
-
-35,717
87.2
96.1
-8.9
Nonreportable
51,407
15,690
-
+35,717
12.8
3.9
8.9
Managed Money: position against its own history
Weekly net, last 156 reports
Managed Money net, contracts
+104,206
Week change
-2,883
4-week change
-23,183
13-week change
-20,625
Net as % of open interest
25.9%
Percentile, 1 year (52 weeks)
42
Percentile, 3 years (156 weeks)
24
Z-score, 52 weeks
-0.52
COT Index, 3 years
38
52-week high of net
+144,747
52-week low of net
+89,752
Traders and concentration
Category
Traders long
Traders short
Producer/Merchant/Processor/User
20
14
Swap Dealers
18
23
Managed Money
78
25
Other Reportables
80
34
Total reportable
241
143
Largest 4 traders, gross long
20.4%
Largest 4 traders, gross short
37.8%
Largest 8 traders, gross long
29.9%
Largest 8 traders, gross short
56.9%
Largest 4 traders, net long
19.7%
Largest 4 traders, net short
36.5%
Largest 8 traders, net long
27.7%
Largest 8 traders, net short
53.0%
Concentration is the share of open interest held by the largest traders, as published in the report.
Latest report, futures and options combined
Category
Long
Short
Spreading
Net
Long % of OI
Short % of OI
Net % of OI
Producer/Merchant/Processor/User
23,593
37,174
-
-13,581
4.4
7.0
-2.6
Swap Dealers
16,679
231,662
55,758
-214,983
3.1
43.5
-40.4
Managed Money
124,476
15,791
51,069
+108,685
23.4
3.0
20.4
Other Reportables
101,665
18,560
102,525
+83,105
19.1
3.5
15.6
Total reportable
475,766
512,538
-
-36,772
89.4
96.3
-6.9
Nonreportable
56,677
19,904
-
+36,773
10.6
3.7
6.9
The combined basis adds options converted to futures equivalents at exchange delta factors. The two bases are never mixed in one series; the history on this page is futures only.
Open interest by maturity split
All contract months, contracts
402,279
Old crop / nearest months, contracts
402,279
Other months, contracts
0
Recent reports, net by category
Report date
Open interest
Producer/Merchant/Processor/User
Swap Dealers
Managed Money
Other Reportables
Total reportable
Nonreportable
Tue 20 Oct 2026
402,279
-14,783
-220,799
+104,206
+95,659
-35,717
+35,717
Tue 13 Oct 2026
396,345
-18,437
-224,094
+107,089
+100,790
-34,652
+34,652
Tue 6 Oct 2026
396,109
-19,501
-225,026
+110,987
+99,348
-34,192
+34,192
Tue 29 Sep 2026
406,456
-21,263
-229,704
+120,318
+98,314
-32,335
+32,335
Tue 22 Sep 2026
412,800
-26,777
-236,126
+127,389
+98,464
-37,050
+37,050
Tue 15 Sep 2026
409,899
-28,061
-233,660
+133,116
+97,222
-31,383
+31,383
Tue 8 Sep 2026
411,227
-30,961
-239,313
+134,972
+96,988
-38,314
+38,314
Tue 1 Sep 2026
415,196
-31,289
-233,429
+136,771
+91,353
-36,594
+36,594
Tue 25 Aug 2026
427,957
-34,558
-245,027
+144,747
+98,587
-36,251
+36,251
Tue 18 Aug 2026
406,260
-29,761
-228,657
+141,648
+80,541
-36,229
+36,229
Spreading is calendar-spread positions. It prints as its own column and is not part of net. Percentile is the share of weeks in the window with a net at or below the current net. The COT Index places the current net within its 3-year range, 0 at the low and 100 at the high. Gauges print only when the window holds enough history. History is the series as currently published by the CFTC, including its corrections; first-release vintages are not kept. An extreme reading is a condition of crowding, not a buy or sell signal: speculative categories are trend followers and are usually largest near price extremes.
Source: CFTC Commitments of Traders, Disaggregated report, futures only unless stated. Positions as of Tue 20 Oct 2026, published Fri 23 Oct 2026.